IBALIrish Business Against Litter
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Ireland still has a significant issue with litter and, according to the IBAL survey, chewing gum, cigarette butts and cans continue to be major sources of litter.
Moody's also notes that, before this transaction, the long-term issuer rating of IBAL incorporated the benefit of parental support from Investec Bank plc (B3 stable, D+/b3 stable).
11 April 2014 - UK specialist bank and asset manager Investec plc (LON:INVP) said today that it had agreed to sell the professional finance, asset finance, leasing businesses and deposit book of Investec Bank (Australia) Limited, or IBAL, to Australian lender Bank of Queensland Limited (ASX:BOQ).
An IBAL spokesman said: "While nearly all of Ireland's main towns are now clean, pockets of our major cities continue to suffer from significant levels of litter.
IBAL spokesman Conor Horgan said: "These are excellent results which again bear out the fact that Ireland is broadly a very clean country.
IBAL spokesman Conor Horgan said: "There has always been a disparity between cities and towns but this survey shows the gap in cleanliness is as wide as ever.